Real Estate Investing in Port Washington, Wisconsin (53074)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 53074 (Port Washington, WI)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 28.9 — hard to cash-flow at these prices.
What’s happening in Port Washington, WI (53074)?
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Market Analysis: 53074 Port Washington
Looking more closely, ZIP 53074 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $395K median. It rewards specialists, not generalists.
Stepping back, the numbers look inviting — $395K purchase price, 0.0% nominal cap — the work to hit that pro forma in 53074 is substantial and deserves full respect.
ZIP 53074's metrics run below Ozaukee County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 53074 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Port Washington:
Property Strategy for 53074
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $304,652 | $1,280 | 3.0% | +7.5% | $152,326 |
| 3BR | $357,313 | $1,580 | 3.2% | +7.4% | $119,104 |
| 4BR | $450,025 | $1,710 | 2.7% | +6.5% | $112,506 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 53074 Compare?
| Metric | 53074 | Port Washington | Milwaukee-Waukesha, WI | Wisconsin |
|---|---|---|---|---|
| Home Value | $395,020 | $395,020 | N/A | $320,446 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.3% |
| Avg Rent | $1,140 | $1,140 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 53074 (Port Washington, WI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $395,020 |
| Monthly Rent | $1,140 |
| Price-to-Rent | 28.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | +9.8% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 53074
Population: 13,589
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 53074
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much does a house cost in Port Washington, WI?
Homes in Port Washington, WI typically sell near $395K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Is the tenant base reliable in Port Washington, WI?
The renter base in Port Washington, WI is reasonable for the $1,140/mo price point. Screening well and pricing to market typically yields steady tenants.
Can I house hack in Port Washington, WI?
Port Washington, WI offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,140/mo rent level.
Is Port Washington, WI landlord-friendly?
WI ranks as a landlord-friendly state for landlord-tenant law. Port Washington generally follows the statewide framework, so landlords face reasonable operating rules.
Are there empty rentals in Port Washington, WI?
Vacancy in Port Washington, WI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,140/mo.
You know 53074 now. You don’t know where it ranks.
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How 53074 ranks in Milwaukee-Waukesha, WI
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Community Ratings
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